Why won’t President Xi Jinping fix them?

Source: afr.com afr.com

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Beijing has not stood still; it has expanded credit, put forth multipoint plans to reassure the private sector and foreign business community, reduced restrictions to buy a second home, and toned down the wolf-warrior rhetoric. But a substantial portion of people I encountered – which is not a scientific sample – have not been impressed, with these steps still adding up to too little, too late. Some in China believe President Xi Jinping is willing to sacrifice the economy for the sake of nationalism and CCP dominance. AP There were four views that commonly came up on why Xi and...